All Posts Tagged With: "DRQ"

(DRQ) Dril-Quip Incorporated – Bear of the Day

We are downgrading our recommendation on Dril-Quip, Inc. (DRQ) to Underperform from Neutral. The company remains exposed to the highly volatile oil and gas sector fundamentals.

We remain concerned about...

5Apr2012 | | Comments Off | Continued

(DRQ) Dril-Quip Incorporated – Bear of the Day

We are downgrading our recommendation on Dril-Quip, Inc. (DRQ) to Underperform from Neutral. The company remains exposed to the highly volatile oil and gas sector fundamentals.

We remain concerned about...

27Mar2012 | | Comments Off | Continued

(DRQ) Dril-Quip Receives $39 Million Order

A wholly-owned subsidiary of Dril-Quip, Inc. (DRQ) has earned a contract worth approximately $39 million from Murphy Sabah Oil Company, Ltd. Under the term of the contract, Dril-Quip’s subsidiary, Dril-Quip...

24Jun2011 | | 0 comments | Continued

(DRQ) Dril-Quip Earnings Report Beats Consensus

Dril-Quip Inc.’s (DRQ) adjusted first-quarter 2011 earnings of 58 cents per share beat the Zacks Consensus Estimate by a penny. However, quarterly earnings dropped 18% from the year-ago adjusted profit level...

10May2011 | | 0 comments | Continued

(DRQ) Dril-Quip Stays Analyst Maintains Neutral Rating

Our Neutral view for the Dril-Quip Inc. (DRQ) shares remain unchanged following the company’s better-than-expected first quarter results. Earnings came in at 74 cents per share, beating both the Zacks...

24May2010 | | 0 comments | Continued

(BP) U.S. Offshore Oil Drilling and the Future

Can you hear that scurrying sound?

It’s the sound of expensive shoes scampering across the floor of BP’s (NYSE: BP) legal department, as hoards of lawyers try to minimize the financial...

7May2010 | | 0 comments | Continued

(DRQ) Dril-Quip Reports Tops Consensus Forecasts

Dril-Quip Inc. (DRQ) reported fourth-quarter earnings of 72 cents per share, beating the Zacks Consensus Estimate of 70 cents and year-earlier profit of 64 cents. The favorable statistics were mainly driven...

3Mar2010 | | 0 comments | Continued

(DRQ) Dril-Quip Steady with Deepwater

We continue to believe that Dril-Quip Inc. (DRQ) remains in a sound position on the back of the company’s strong leverage to continued strength in the deepwater drilling markets. Given the operators’ long-term...

8Dec2009 | | 0 comments | Continued

(DRQ) Dril-Quip Beats Expectations on Higher Revenues

Dril-Quip Inc. (DRQ) reported third-quarter earnings of 72 cents per share, beating the Zacks Consensus Estimate of 67 cents and year-earlier profit of 69 cents. The favorable statistics were mainly driven...

9Nov2009 | | 0 comments | Continued